30-57 Crescent Street # 2BAstoriaNY11101
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Astoria at 30-57 Crescent Street # 2B, Astoria, NY, 11101 offers $14,071/mo rent that, after a $3,911/mo payment, leaves $8,300/mo cash flow. Total monthly income is $14,071/mo, and annual cash flow is $99,601/yr on $262,871 cash. Return on cash invested measures 57.95% in year one, and rental yield stands at 21.13% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 308.18% and total cumulative return in cash reaches $810,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $14,071/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
$435 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11101, Long Island City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,671 (100%) |
| Owner Occupied HU | 2,801 ( 9.4%) |
| Renter Occupied HU | 23,413 (78.9%) |
| Vacant Housing Units | 3,457 (11.7%) |
| Median Home Value | $1,141,450 |
| Average Home Value | $1,179,647 |
Housing Distribution
Address Breakdown
Residential
30,207
Single Family
1,107
Multi-Family
29,100
Businesses
3,935
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Listed by: Toula Polios • Toula Polios Realty Group LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3548837
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